Rather than requiring a specific course in financial literacy for high school graduation, lawmakers have amended the legislation so that school districts could incorporate the same information into one or more classes as long as the material is covered.

The amended Senate bill would require school districts to teach students how to open and manage an account at a financial institution, prepare a budget and manage debt and credit cards. It also would require districts to teach students about loans, insurance, taxes, financial fraud, retirement accounts, scholarships and other financial aid,...